October 12th, 2010

Guy Carpenter Establishes New Florida Business Unit

Posted at 9:23 AM ET

stokes_kevin_gcci1Kevin Stokes Appointed as Head of New Practice

Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist and part of the Marsh & McLennan Companies (NYSE: MMC), today announced the formation of a dedicated Florida business unit. The Florida unit will be led by Kevin Stokes, Executive Vice President, who will report to Chris McKeown, President and CEO of North America Broking Operations.

The new unit will address the increasingly complex needs of Florida-based companies and the uniquely dynamic nature of the Florida insurance and reinsurance marketplace. The practice will build on Guy Carpenter’s strong presence in the Florida market and maximize the firm’s global resources to the benefit of clients in the region. With the launch of this group, Guy Carpenter will have a fully dedicated Florida business unit with a significant presence in the state of Florida.

Prior to his new role, Mr. Stokes, a 30-year veteran of the reinsurance industry, served as a member of the firm’s Client Strategy Team. Previously, he led Guy Carpenter’s Property Specialty Practice, served as the firm’s New York Branch Manager and was a member of the company’s Americas Board.

Chris McKeown, President and CEO of North America Broking Operations, stated “Our new Florida business unit underscores our continued commitment to this region and will allow us to better serve our Florida clients. Based in Tampa, Kevin will provide strong leadership for this important market. He will ensure that Guy Carpenter continues to deliver innovative solutions and technology to clients while representing their best interests in the ongoing industry dialogue around Florida issues.”

* Securities or investments, as applicable, are offered in the United States through GC Securities, a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Securities or investments, as applicable, are offered in the European Union by GC Securities, a division of MMC Securities (Europe) Ltd., which is authorized and regulated by the Financial Services Authority. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., MMC Securities (Europe) Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product. 

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